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Block 53 Commonwealth Drive

3 Room · 4 Room · 5 Room · Built 2015 · 87 years remaining lease · Updated Jul 2026 MOP Cleared

Block 53 Commonwealth Drive has 82 recorded HDB resale transactions since 2017. Latest sale: $1,020,000 (Jul 2026, 4 room, floors 13–15). Median $9,403/sqm. Prices up 26% over the past five years. Built 2015, 87 years lease remaining.

How this block compares

  • 3 Room$775,000
    +73.4%vs town(+$328k)+74.2%vs national(+$330k)
  • 4 Room$995,000
    −1.4%vs town(−$14k)+57.9%vs national(+$365k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$1,020,000
Jul 2026 · 4 ROOM · Floor 13-15
Median $/sqm
$9,403
Based on 82 transactions
Total Transactions
82
Since Jan 2017
5-Year Trend
▲ +26%
Median price change
Median Price ?
Top 38%
#75 / 195 Top 38%
Latest Sale ?
Top 24%
#46 / 195 Top 24%
Value ($/sqm) ?
Top 13%
#26 / 195 Top 13%
5-Year Growth ?
Top 51%
#73 / 142 Top 51%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
How we estimate this →
Future Value Projection
Market Appreciation
+4.7%/yr
vs
Lease Decay
−0.18%/yr
Growth assumption
Based on this block’s +26% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 87 years remaining 99 years
87 years 8 months
Remaining lease
↓ 0.18%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 87 years remaining, decay is gradual (~0.18%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $3,500 typically $3,350–$3,700 5.4% 7 rentals here
4-Room $4,150 typically $3,750–$4,400 5% Queenstown avg · block too thin
5-Room $4,400 typically $4,000–$4,700 4.3% Queenstown avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 53 Commonwealth Drive in Queenstown, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Queenstown
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Jul 2026 13 TO 15 4 ROOM 96 sqm $1,020,000 $10,625
Jun 2026 28 TO 30 3 ROOM 63 sqm $790,000 $12,540
Apr 2026 28 TO 30 4 ROOM 96 sqm $1,180,000 $12,292
Apr 2026 01 TO 03 4 ROOM 88 sqm $970,000 $11,023
Feb 2026 13 TO 15 3 ROOM 63 sqm $760,000 $12,063
Feb 2026 01 TO 03 4 ROOM 88 sqm $950,000 $10,795
Jun 2025 28 TO 30 4 ROOM 88 sqm $1,038,888 $11,806
Apr 2025 25 TO 27 3 ROOM 63 sqm $785,000 $12,460
Apr 2025 22 TO 24 3 ROOM 63 sqm $760,000 $12,063
Oct 2024 31 TO 33 4 ROOM 96 sqm $1,050,000 $10,938
Sep 2024 01 TO 03 5 ROOM 114 sqm $1,023,000 $8,974
Sep 2024 10 TO 12 4 ROOM 96 sqm $1,048,000 $10,917
Aug 2024 04 TO 06 3 ROOM 63 sqm $600,000 $9,524
Jul 2024 04 TO 06 3 ROOM 63 sqm $595,000 $9,444
May 2024 10 TO 12 3 ROOM 63 sqm $660,000 $10,476
May 2024 16 TO 18 4 ROOM 88 sqm $991,000 $11,261
Apr 2024 16 TO 18 3 ROOM 63 sqm $685,000 $10,873
Apr 2024 28 TO 30 3 ROOM 63 sqm $720,000 $11,429
Apr 2024 31 TO 33 3 ROOM 63 sqm $740,000 $11,746
Mar 2024 04 TO 06 3 ROOM 63 sqm $575,000 $9,127
Showing 20 of 82 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 53 Commonwealth Drive

Block 53 Commonwealth Drive is a million-dollar HDB block: a flat here has sold for as much as $1,180,000 (Apr 2026), among the rare blocks in Queenstown to cross that mark. Its median runs about 8% above the Queenstown median, ahead of around 62% of the town's blocks. It has a busy resale history, with 82 transactions since 2017 across 3 room, 4 room, 5 room flats priced from $465,000 to $1,180,000. The most recent transaction was a 4 room flat on storeys 13 TO 15 at $1,020,000 in Jul 2026, and the median works out to $9,403/sqm. Over five years, prices here are up about 26%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 53 Commonwealth Drive worth?

The most recent resale transaction at Block 53 Commonwealth Drive was $1,020,000 for a 4 room flat in 2026-07. The median price per square metre across all flat types is $9,403, based on 82 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 53 Commonwealth Drive?

Block 53 Commonwealth Drive was built in 2015 and has approximately 87 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.18%, meaning the leasehold value decreases by approximately 0.18% per year at the current remaining lease.

What flat types are available at Block 53 Commonwealth Drive?

Block 53 Commonwealth Drive in Queenstown contains 3 room, 4 room, 5 room flats. Resale prices range from $465,000 to $1,180,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 53 Commonwealth Drive gone up or down?

Resale prices at Block 53 Commonwealth Drive have increased by approximately 26% over the past five years. The current median price is $780,000, with the most recent sale at $1,020,000 in 2026-07.

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